Hiring the right talent is one of the biggest challenges for organisations. As per the US Department of Labour, the cost of a bad hire is tantamount to up to 30 percent of an employee’s first-year earnings. HR executives often have to go through endless CVs to make a single hiring decision. The process is time-consuming and the information gathered is still limited in most cases. Even when all the data is available with the recruiter, making sense of it is another ball game.
Of late, companies have turned to technology for recruiting. HR executives especially benefit from graph databases and graph knowledge.